WASHINGTON - The U.S. Federal Reserve trimmed its aggressive bond-buying program on Wednesday but sought to temper the long-awaited move by suggesting its key interest rate would stay at rock bottom even longer than previously promised. | Video
WASHINGTON - The U.S. Senate on Wednesday passed a two-year budget deal to ease automatic spending cuts and reduce the risk of another government shutdown, shifting the focus to a spending measure that Congress must pass by January 15.
WASHINGTON - A judge's bid this week to stop the U.S. government from collecting Americans' phone records raises a question that the U.S. Supreme Court has confronted before: at what point should modern technology force judges to revisit legal precedents?
WASHINGTON - A White House-appointed panel on Wednesday proposed curbs on some key National Security Agency surveillance operations, recommending limits on a program to collect records of billions of telephone calls and new tests before Washington spies on foreign leaders.
WASHINGTON - U.S. Secretary of State John Kerry called a top Indian official to express regret about the case of an Indian diplomat strip-searched after her arrest in New York last week on charges including visa fraud, the State Department said on Wednesday. | Video
ANKARA - Turkey's Prime Minister Tayyip Erdogan on Wednesday denounced a corruption crackdown on his allies months ahead of elections as a "dirty operation" to smear his administration and undermine the country's progress.
JUBA - South Sudan's army said it had lost control of the flashpoint town of Bor on Wednesday, its first acknowledged reversal in three days of clashes between rival groups of soldiers that have triggered warnings of a slide into civil war. | Video
MOSCOW - President Vladimir Putin has taken a gamble with Russia's own fragile economy by bailing out Ukraine for the sake of keeping it in Moscow's orbit and out of the European Union's embrace. | Video
WASHINGTON - The U.S. Senate's final vote of the year may be on Friday to confirm President Barack Obama's nomination of Janet Yellen to head the Federal Reserve, a senior Democratic aide said on Wednesday.
ROME - Thousands of protesters furious about high unemployment and a political class they regard as corrupt rallied in central Rome on Wednesday demanding the resignation of Italian Prime Minister Enrico Letta's government.
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.